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THQ Faces Nasdaq Delisting

The Nasdaq stock exchange has warned publisher THQ that if they can't bring up the price of their stock and keep it up, they'll lose the right to trade it.

After rumors that the company cancelled all projects scheduled for 2014, THQ's stock dropped below the one-dollar mark at the beginning of December and hasn't risen since. THQ has been 180 days to get their stock price back above one dollar and keep it there for at least ten consecutive days.

If they're unable to do that by July 23rd, the company will be delisted. That said, THQ can appeal ruling even if they fail to raise their stock price, though they must show why the company should be allowed to continue trading.